Should Home Depot Up Its Dividend?

Investors typically flock to the Dow Jones Industrial Average (INDEX: ^DJI  ) for its incredible dividends, but not all companies are as generous as they could or should be. To figure out who is doing well, and who is being stingy, we looked at each component individually and asked whether they should up their dividend. Up today is Home Depot (NYSE: HD  ) . The company's yield trails closest competitor Lowe's (NYSE: LOW  ) , but that's not a compelling reason for it to increase its dividend, and in fact, it is achieving very impressive return on invested capital while managing an approximately equal yield with Lowe's.

As good as Home Depot's yield is, though, it's not one of The 3 Dow Stocks Dividend Investors Need. These three companies will continue to line investors' pockets for years to come with their bulletproof yields, all of which are larger than the average yield on the Dow. You can learn about these picks as absolutely no cost today -- just click here and uncover these winners.

Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Lumber Liquidators. Motley Fool newsletter services recommend Lumber Liquidators and The Home Depot. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Related Tickers

10/28/2016 3:31 PM
HD $123.78 Up +1.52 +1.24%
Home Depot CAPS Rating: ****
LL $18.70 Up +0.62 +3.43%
Lumber Liquidators CAPS Rating: ***
LOW $67.11 Down -0.05 -0.07%
Lowe's CAPS Rating: ****
SHLD $11.34 Up +0.17 +1.52%
Sears Holdings CAPS Rating: *